In today’s business environment, it can be difficult to maintain a clear picture of what you have and where its located. An RFID system can help you keep track of all your equipment and assets in real time.
How Does RFID Work?
Radio frequency identification (RFID) is a technology used to automatically identify and track items. It does this by using radio waves to transmit data from an RFID tag attached to an object. The tag contains a chip and antenna, which picks up and emits the signal from the reader when in range. This data can include location information such as where it’s located or its position in relation to others within range of the reader; it can also include information about when something was produced or purchased, how much it cost, who owns it now, etc.
RFID tags are powered by the electromagnetic field of their reader; there’s no need for batteries on either side because they’re communicating directly with each other via radio waves! This makes them very convenient compared with barcodes—you don’t have any additional pieces of equipment (like scanners) needed at all if you want your assets tracked by RFID technology; all you need is an access point within range of them at any given time–which makes tracking items easy even if they’re not always visible like barcodes would be since they require line-of-sight access points before being able to read anything off them!
How Are IT Assets and Equipment Tracked?
There are a number of ways to track IT assets. The most common method is to attach RFID tags to each asset and install RFID readers in the network. These readers can be installed on laptops and mobile devices, which allows for tracking with or without internet connectivity.
RFID tags can transmit information wirelessly or through a wired connection. Wireless technology uses radio waves to transmit data from tag chips to the reader’s antennae, while hard-wired solutions rely on wires that connect directly between the two devices.
What Are the Benefits of Using RFID for Asset Tracking?
RFID technology can help you reduce costs, improve efficiency, and even reduce risk.
Cost Savings: RFID tags are cheap to operate compared to barcode systems because they don’t require a line of sight with a scanner to read their contents. Also, because each tag contains its own power source (e.g., battery or capacitor), it doesn’t need to be connected to an external power source like a computer or scanner like barcode labels do—and that means no additional equipment costs!
Reduced Risk: Using RFID technology for asset tracking allows you to monitor the location of your assets at all times, which means reduced risk from theft or loss. With traditional barcode systems it’s difficult if not impossible for employees who aren’t trained in reading them (for example) when scanning items into inventory as part of their job; this includes cashiers working in retail stores who may not even know what the labels mean! By contrast, RFID tags can be read by anyone equipped with an appropriate reader device and software—even if they’re unfamiliar with how the tags work itself–so there’s no confusion about what information is being captured when scanning each item
With the rise of IoT and other wireless technologies, RFID tag readers are becoming more common in businesses. This technology is not just for inventory management anymore; it can also be used to track assets such as computers or printers. The benefits of using RFID for asset tracking include greater efficiency when it comes time to repair or replace equipment that has been lost or stolen, an increase in security because every item will have a unique identifier that can’t be duplicated without authorization from its owner/handler/operator (depending on how you look at it), reduced costs due to fewer errors when handling paperwork related processes like purchasing new machines while maintaining accurate records of what’s happening inside each one’s hardware components before deployment across multiple locations worldwide.